Stocks On The Move - September 15

Stocks Rise on Heavy Volumn:

• InterContinental Exchange, Inc. (ICE): shares of Atlanta based marketplace operator for energy futures trading soared 15.04% to $74.35 per share after the company agreed to buy New York commondities exchange for $1 billion. The stock is currently on an uptrend and with MACD above 0 showing bull market it is still a good time to continue buying the stock. The stock was the second leading gainer on NYSE with 6.08 million shares traded.
• Aastrom Biosciences Inc. (ASTM): shares of stem cell research company surged 12.82% to $1.33 per share as the company reported promising result on clinical trial. With K line now on top over D line and MACD about to rise above 0, the stock may have the chance to go higher. The stock was the thirteenth leading gainer on Nasdaq today with 6.03 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Ford Motor Co. (F): shares of the nations number two auto maker plunged 11.77% to $8.02 per share on job cuts and plants closure. This may ended the rally which began in July as K line is now below D line showing sell signal. The stock was the biggest loser and the heaviest traded on NYSE today with 190.6 million shares traded.
• Publi Service Enterprise Group Inc. (PEG): shares of Newark, New Jersey based electric and gas utility company lost 6.27% to $62 as the merger with Exelon collapsed. The stock is very weak and may continue to drop as K line failed to cross on top of D line and MACD is below signal. The stock was the fifth leading decliner on NYSE today with 13.25 million shares traded.